Song Da No. 11 JSC Cash Flow Statement

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	141,998	154,734	76,701	62,630	42,535
Depreciation & Amortization	62,357	61,363	62,021	-	-
Loss (Gain) From Sale of Assets	-1,798	-2,134	113.71	-	-
Other Operating Activities	40,896	23,232	-8,964	101,318	92,143
Change in Accounts Receivable	-589,233	-501,664	-45,303	-	-
Change in Inventory	-46,082	-89,770	37,323	-	-
Change in Accounts Payable	-419,863	254,020	68,015	-	-
Change in Other Net Operating Assets	-11,227	4,029	1,614	-	-
Operating Cash Flow	-822,933	-96,189	191,521	163,948	134,678
Operating Cash Flow Growth	-	-	16.82%	21.73%	205.71%
Capital Expenditures	-7,342	-16,771	-4,105	-1,325	-8,872
Sale of Property, Plant & Equipment	-	3,960	4,046	28,491	5,059
Investment in Securities	-297,660	-180,770	-27,000	9,500	-1,205
Other Investing Activities	1,824	617.73	234.71	171.52	135.89
Investing Cash Flow	-322,329	-192,963	-26,824	36,837	-14,682
Long-Term Debt Issued	2,144,600	1,385,652	610,852	471,116	534,616
Long-Term Debt Repaid	-1,236,020	-1,046,732	-755,855	-627,395	-606,428
Net Debt Issued (Repaid)	908,580	338,919	-145,003	-156,279	-71,812
Issuance of Common Stock	205,807	-	-	-	-
Common Dividends Paid	-9,817	-7,275	-13,316	-56,929	-10,795
Financing Cash Flow	1,104,570	331,645	-158,319	-213,207	-82,607
Net Cash Flow	-40,692	42,493	6,377	-12,422	37,389
Free Cash Flow	-830,275	-112,959	187,416	162,623	125,806
Free Cash Flow Growth	-	-	15.25%	29.27%	676.79%
Free Cash Flow Margin	-49.66%	-4.79%	26.92%	17.92%	17.71%
Free Cash Flow Per Share	-33129.62	-4673.79	8214.81	6727.46	5219.02
Cash Interest Paid	-	90,115	81,126	85,632	94,627
Cash Income Tax Paid	-	7,292	5,798	9,537	1,711
Levered Free Cash Flow	-442,985	-124,689	151,311	69,794	117,392
Unlevered Free Cash Flow	-376,114	-68,697	202,063	123,314	176,534
Change in Working Capital	-1,066,386	-333,384	61,649	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.